Trading activities on the Nigerian Stock Exchange witnessed a reversal on Tuesday, as transactions closed positive after the downturn on Monday. The market capitalisation of the listed equities rose by N78bn or 1.2 per cent from N6.562tn on Monday to N6.640tn. Similarly, the NSE’s All-Share Index increased by 247.45 basis […]

The Federal Government of Nigeria will repay bonds totalling N456bn to investors by the end of 2012. The bonds with the three-year and five-year maturity tenor would be repaid by August 2012. A document posted on the website of the Nigerian Stock Exchange on Monday, showed that the three-year bonds […]

The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the Monetary Policy Rate may remain unchanged after a general increase in the prices of commodities. Sanusi, who declared that he was not speaking for the Monetary Policy Committee, said it might be “counterproductive” to raise […]